Thank you Madam Chair. Home insurance, it can be cost prohibitive at time. We recognize that. Again, all you have to do is suffer one loss, and you understand why you have insurance. As a government, we're self-insured, so it really doesn't impact us with our assets. Certainly, in our home ownership programs, certainly, we have to look at it. We are working closely with the Department of Finance, trying to find solutions. I've said, as someone who's suffered a loss in my own home, I was sure glad I had insurance because I certainly didn't have $100,000 to do the repair. All you need is one loss. I think it's more educating people on the merits of insurance and educating the insurance companies, the providers, that they are losing out on a huge market if they don't adjust their policies for our realties here in the North. Thank you, Madam Chair.
Mr. Williams on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 10th, 2021. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
March 10th, 2021
Page 2457
Williams
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